China May passenger car sales up 55% y/y

Shanghai, June 8 (Gasgoo.com) China's passenger-car sales, including mini-vans grew a faster-than-expected 55 percent in May, the most since the beginning of this year, data from China Passenger Car Association showed.

Sales of passenger cars, multipurpose vehicles, sport utility vehicles and minivans rose to 812,178 units in May, up 54.7 percent from a year earlier, the association said.

Vehicle sales of the above car type in the first five months climbed 29.6 percent to 3.65 million units, according to the association.